The process of opening a petrol pump is long and arduous. From fulfilling the eligibility criteria to procuring relevant licenses from both government and petrol distributors, it’s a process as lengthy as rowing through the Pacific Ocean on a paddleboat. Not to mention the innumerable site checks and visits that follow, even before you break ground and start constructing the pump.
Once you’re done with all the above hassle, your next focus has to be on maximising your petrol pump’s profitability. After all, when you invest your time and effort into starting and subsequently running a petrol pump, you want to be armed with all the tools you can get, to ensure effective operations. With the rise in technology, useful solutions like petrol pump management software have made it easier to handle fuel station operations. Such software offers a lot in terms of features and functions, making it simpler for you to manage your petrol pump.
Still in “I’m not sure about this” stage of buying a petrol pump software? Worry not, we’ve all been in a similar bind. To help you decide, here’s five reasons why you should invest in a petrol pump management software.
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Decrease Chances of Fuel Fraud & Theft
Petrol pump owners are acutely aware of the theft problem in their business. Certain employees might be siphoning petrol for their own gain, either by adding less fuel to vehicles and keeping the extra, or, by stealing from the tanker directly.
A petrol pump software helps you prevent any unauthorized use of fuel, by restricting access to pump operators. This facilitates in easy tracking of fuel consumption. Additionally, you can monitor fuel shrinkage with the help of a meter reading system, preventing cases of fuel fraud. Lastly, petrol pump software assists in fuel tank monitoring and tracking the exact stock unloaded at your fuel station. A great solution like Cogxim Petro Genius helps you keep accurate tabs over your stock, assists you with meter reading and comes with dedicated modules for your entire petrol pump.
Your petrol pump depends on the amount of sales you make on a regular basis and petrol pump management software helps you with that. This feature lets you track sales figures, manage sale registers, and process credit & outstanding payments.
Automated Billing & Invoicing
During peak hours, when the vehicles pile up at your pump is huge, the last thing you want is for an employee to manually prepare bills and invoices. Not only it is time-consuming, but the delay in invoice generation creates a line so big, that any potential customer is deterred from using your services. Manual invoicing is also risky, as there’s always the possibility of human-made error.
A petrol pump management software overrules all these problems. It comes with automated invoice generation, so bills are created and shared almost instantaneously at the time of purchase. The software helps with maintaining challan information, sale/purchase register, bookkeeping and more.
Manage Your Inventory Like A Pro
If you don’t keep tabs on your stock, you’re risking yourself to excess fuel loss. Maintaining proper record of stock when fuel tanker unloads, is important to ensure that you get what you paid for. With a petrol pump software, you can monitor fuel stock movement from storage to the moment it sells.
The software also auto-generates different reports like stock summary, sales margin and ledger reports. Cogxim Petro Genius adds to this feature, by providing stock report on day, value and month basis allowing you to keep tabs on every drop. The aforementioned software also gives you a reminder notification in case the quantity of fuel stock is below the minimum level.
If your petrol station has a convenience store that sells snacks and other items, petrol pump management software facilitates inventory handling of all such items.
Automatic Report Generation
Petrol pump management software also comes with the automatic report generation feature. Reports generation can be done on the basis of purchase, sales, stock, customer demographics and other parameters. You need this feature to better analyse sales and devise the best ways to increase revenue.
Convinced as to why you should get a petrol pump management software pronto? Now, click on this link and leverage the full power of petrol pump software.